Equity benchmark Sensex rose nearly 1% to revisit the 59,000-mark on Monday, led by sharp gains in metals, banking and capital goods stocks amid a weak trend in global equities. NSE Nifty closed 126 points higher at 17,665.8.
stock market todayKey things to know before the opening bell
global signal
Stocks in Asia stabilized on Tuesday as investors weighed in on higher energy costs and an inflationary outlook, prompting central banks to hike interest rates. Shares rose in Japan, Australia and South Korea. The US stock market was closed on Monday on the occasion of Labor Day.
SGX Nifty
SGX Nifty Tuesday indicates a higher opening for the Indian stock markets. Singapore Nifty is the Indian Nifty which is traded on the Singapore Stock Exchange and is considered the first sign of the opening of the Indian markets.
nifty technical outlook
Nifty remained in the green during the day. However, it kept from challenging the 17,700 mark, which remained a significant resistance on Monday. Buying on the downside may continue till the market remains above 17,400. At the higher end, a decisive move above 17,700 could prompt a rally in the market,” said Rupak Dey, Senior Technical Analyst, LKP Securities.
nifty call option data
As per the data shown by nseindia.com on 5th September, the major total call open interest was seen at 17700, 17800 and 18000 strike with total open interest of 115595, 111794 and 137669 contracts respectively. Major call open interest increases were seen at the 17700, 17900 and 18000 strikes, which added 26964, 23170 and 30901 contracts respectively. Call unwinding was witnessed at 17500 strike which shed 8025 contracts.
nifty put option data
Major Total Put Open Interest was seen at 17600, 17500 and 17400 strikes with total open interest of 141724, 147667 and 103264 contracts respectively. Major put open interest additions were seen at the 17600, 17500 and 17400 strikes, with 95312, 72230 and 51852 contracts added respectively. Profitmart Securities said the strikes from 17400 to 17800 saw no major put unwinding.
fii dii data
Foreign Institutional Investors (FIIs) Net Sell 811 crore shares, while domestic institutional investors (DIIs) made net purchases As per provisional data available on NSE, shares worth Rs 533 crore as on September 5.
catch all business News, market news, today’s fresh news events and breaking news Updates on Live Mint. download mint news app To get daily market updates.